So to the point: Would you quit if a centralized shitcoin managed to surpass Bitcoin in marketcap? At that point it would be clear that entire space is a joke. Bitcoin would still march on as usual, but it would be just sad to see people putting their money on shitcoins rather than on the only actually decentralized blockchain worth anything.
What happens in altcoin will have no impact on bitcoin users. that's what I believe. something that is trending in crypto, as you call . nft games. stake. will not have any impact on bitcoin. it is they who will later follow bitcoin and will depending on bitcoin.
Topic: Would you quit Bitcoin if a shitcoin like Ethereum surpassed it? - page 5. (Read 692 times)
October 13, 2021, 04:24:19 PM
October 13, 2021, 04:17:29 PM
So to the point: Would you quit if a centralized shitcoin managed to surpass Bitcoin in marketcap? At that point it would be clear that entire space is a joke. Bitcoin would still march on as usual, but it would be just sad to see people putting their money on shitcoins rather than on the only actually decentralized blockchain worth anything.
why would I? just because bitcoin got surpassed doesn't mean that its value is lost. l just can't of any reason why would I quit/leave bitcoin just because another cryptocurrency surpassed it. also, quitting bitcoin just because another cryptocurrency surpassed bitcoin is just shallow(which is sad). 
October 13, 2021, 03:59:31 PM
There is a lot of shilling lately (again) with "the flippening" event happening. Ethereum has created a new market which is basically 99% scam tokens, rugpulls, pump and dumps and NFTs which are probably used for money laundering. Anyway, the thing is, there is definitely if a demand for all of that, even if it's all based on a platform that's not decentralized.
So to the point: Would you quit if a centralized shitcoin managed to surpass Bitcoin in marketcap? At that point it would be clear that entire space is a joke. Bitcoin would still march on as usual, but it would be just sad to see people putting their money on shitcoins rather than on the only actually decentralized blockchain worth anything.
If there would be some flippening then for sure people would really do on what they are seeing on the market which they would really go into majorities decision because we know that whenever something new that do happen into this market then its just normal that people will follow.So to the point: Would you quit if a centralized shitcoin managed to surpass Bitcoin in marketcap? At that point it would be clear that entire space is a joke. Bitcoin would still march on as usual, but it would be just sad to see people putting their money on shitcoins rather than on the only actually decentralized blockchain worth anything.
If ever that bitcoin had been overtaken then that would really be an unsure thing on what would be heading next but for sure there would be major changes on this market behavior.
October 13, 2021, 03:56:33 PM
Bitcoin has a niche that could not be filled by any other cryptocurrency in the market even if they tried to. Although I would like to make the distinction that Ethereum is no shitcoin as what the title of this thread suggests. The coin has its use-case and frankly enough without ETH we wouldn't be able to enjoy most of the stuff we have right now as cryptocurrency enthusiasts since most projects run on the Ethereum network now, while bitcoin remained being a store-of-value. Still with that said I could see people still choosing to invest on bitcoin even if in the future something supersedes it.
First of all, I don't think that Ethereum is one of the shitcoins. It has even the potential to be a more powerful cryptocurrency than Bitcoin in the future. Bitcoin is the first cryptocurrency in the market which makes it the most important and known one in the market. So, I wouldn't quit Bitcoin of course just because Ethereum surpassed it. I would still continue to accumulate it. But I would care about the number one crypto more too.
It has the potential and has shown what it could really do. Honestly the only thing that leaves a bad taste on my mouth about the Ethereum network is the fact that it runs on proof-of-work which makes transaction fees high and speeds slow at times, but other than that I respect the coin because it has opened a lot of opportunities for projects in the cryptocurrency world to come henceforth. NFTs, DeFi, even Metaverse could potentially be housed in the Ethereum blockchain, so I don't think it really is a shitcoin, because shitcoin has no use-case. 
October 13, 2021, 11:20:35 AM
I will still be using Bitcoin... no matter if any other coins surpass it...because it has the most hashing power backing it and for that reason it is the most secure coin.... and it has the biggest merchant and retail network accepting it as a payment option.
Many people like the Roger Ver types.... have tried their best to replace Bitcoin as the "King of Cryptos" and they failed miserably... because people are smarter than they think.
Bitcoin is on top.... because it is backed by people who can spot bullshit Alt coins and wannabe Bitcoins.
Many people like the Roger Ver types.... have tried their best to replace Bitcoin as the "King of Cryptos" and they failed miserably... because people are smarter than they think.
Bitcoin is on top.... because it is backed by people who can spot bullshit Alt coins and wannabe Bitcoins.
Bitcoin will always be above altcoins because altcoins are based on the framework built by Bitcoin. We can see that altcoins and bitcoins have similar features so there are quite a few variations of this digital currency.
Bitcoin is the first crypto currency created from altcoins so no one can match bitcoin, if there is an altcoin that has a more expensive price than bitcoin but the altcoin will not last long one day the altcoin will experience a very deep price decline and hard to get back up.
October 13, 2021, 10:10:00 AM
no, i will still choose bitcoin even if bitcoin is no longer the biggest coin. even though the top marketcap will be filled by shitcoins, bitcoin will be your first choice. nothing can replace bitcoin, even if it is a shitcoin of great value. enough discussion like this, because everyone will definitely still choose bitcoin for whatever reason.
I have a different view on this assumption, shitcoin is not a good product but don't know by randomness or capacity, it has surpassed bitcoin, that generalizes that bitcoin at this point has barely belonged to the top tier in terms of status nor capitalization and like a pioneer, when it is no longer capable, the crypto market will also have a radical downward graph. Perhaps when the explanation comes here, we don't need to discuss the choice further, there are not many flavors that can be experienced, so it can be said that this assumption is not true in all cases, giving up bitcoin is almost giving up the original source 
October 13, 2021, 08:33:00 AM
while you are asking for impossible things to happen yet i will give my views and that is ?
Once Shitcoins overtake Bitcoin then that means this market is ruined and why should we still hang on it when this is not trustworthy anymore?
i will instead go back to Fiat/Banking and leave this currencies forever as it is not worth it.
Well, crypto market will be very different by then and maybe lot of people will eventually shift into another investments that are also promising as bitcoin. Although ethereum is next to bitcoin, but looking at their prices it could mean the gap is too far from one another. And ethereum has different usage with bitcoin so if ethereum surpasses bitcoin in the rank position, i think it will never be an issue. Bitcoin enthusiasts will still focus on bitcoin because its the coin they believe that has the highest potentials compared to altcoins and other shitcoins.Once Shitcoins overtake Bitcoin then that means this market is ruined and why should we still hang on it when this is not trustworthy anymore?
i will instead go back to Fiat/Banking and leave this currencies forever as it is not worth it.
However, what we have is only speculation and i think its too far way from becoming it possible.
October 13, 2021, 04:11:59 AM
There is a lot of shilling lately (again) with "the flippening" event happening. Ethereum has created a new market which is basically 99% scam tokens, rugpulls, pump and dumps and NFTs which are probably used for money laundering. Anyway, the thing is, there is definitely if a demand for all of that, even if it's all based on a platform that's not decentralized.
Even if those NFTs shits created to earn fast money passes bitcoin I wont blink an eye because they are hyped pump and dumps, they won't last and in a long run wouldn't be sustained by their developers, I had set my own goal that is to rely or depend solely on decentralized platform only and bitcoin had really taken care of it, though every crypto enthusiast or investors has their own choice but I believe majority will stick to the popular, dependable and most trusted decentralized feature platform.
October 13, 2021, 12:33:34 AM
There is a lot of shilling lately (again) with "the flippening" event happening. Ethereum has created a new market which is basically 99% scam tokens, rugpulls, pump and dumps and NFTs which are probably used for money laundering. Anyway, the thing is, there is definitely if a demand for all of that, even if it's all based on a platform that's not decentralized.
Even if those NFTs shits created to earn fast money passes bitcoin I wont blink an eye because they are hyped pump and dumps, they won't last and in a long run wouldn't be sustained by their developers, I had set my own goal that is to rely or depend solely on decentralized platform only and bitcoin had really taken care of it, though every crypto enthusiast or investors has their own choice but I believe majority will stick to the popular, dependable and most trusted decentralized feature platform. 
October 13, 2021, 12:29:00 AM
Something like that is never going to happen, don't get your hopes up 
A shitcoin like Ethereum that has no use cases and only relies on pump and dumps has an expiration date when it starts dying, it is starting to show already since for the past 4 years it has been dumping consistantly from 0.15 down to 0.06 and despite all the pump attempts it has not been able to go back up again.
On top of that the basic supply and demand law prevents a shitcoin with unlimited supply and a current circulating supply 117 million (bitcoin has 18 million!!!) from growing big.
Your other question is already answered. People aren't in bitcoin because of its market capitalization to exit if some shitcoin surpassed it (which has happened in the past by the way with altcoins that were pumped so much that surpassed bitcoin's market cap but then they died eventually).
Day traders and pump and dumpers don't give a damn about any of this either, BTC, ETH, XYZ don't make a difference to them.
A shitcoin like Ethereum that has no use cases and only relies on pump and dumps has an expiration date when it starts dying, it is starting to show already since for the past 4 years it has been dumping consistantly from 0.15 down to 0.06 and despite all the pump attempts it has not been able to go back up again.
On top of that the basic supply and demand law prevents a shitcoin with unlimited supply and a current circulating supply 117 million (bitcoin has 18 million!!!) from growing big.
Your other question is already answered. People aren't in bitcoin because of its market capitalization to exit if some shitcoin surpassed it (which has happened in the past by the way with altcoins that were pumped so much that surpassed bitcoin's market cap but then they died eventually).
Day traders and pump and dumpers don't give a damn about any of this either, BTC, ETH, XYZ don't make a difference to them.
October 12, 2021, 11:47:07 PM
I do not want to quit crypto if a shitcoin like ethereum surpasses bitcoin. I do not think that shitcoin can surpass bitcoin because if that happens, it can change crypto forever. People are putting their money in shitcoins because they want to make more money besides making money from bitcoin and that is normal to see some people do that. Shitcoin can somehow help us make additional profit, but it is still hard to select which coin can give us a big profit.
October 12, 2021, 10:55:26 PM
You are wrong calling Ethereum shitcoin. It is the number two on the crypto market and can rightfully be called a mainstream cryptocurrency. Without it, it will be too boring on crypto market, as Bitcoin doesn't support different smart-contracts and it means no defi-projects or other tokens apart from Bitcoin and its forks. What is more, Ethereum is developing now as opposed to Bitcoin, so I will not be surprised if it surpasses Bitcoin one day.
October 12, 2021, 10:18:05 PM
no, i will still choose bitcoin even if bitcoin is no longer the biggest coin. even though the top marketcap will be filled by shitcoins, bitcoin will be your first choice. nothing can replace bitcoin, even if it is a shitcoin of great value. enough discussion like this, because everyone will definitely still choose bitcoin for whatever reason.
October 12, 2021, 09:26:55 PM
while you are asking for impossible things to happen yet i will give my views and that is ?
Once Shitcoins overtake Bitcoin then that means this market is ruined and why should we still hang on it when this is not trustworthy anymore?
i will instead go back to Fiat/Banking and leave this currencies forever as it is not worth it.
Once Shitcoins overtake Bitcoin then that means this market is ruined and why should we still hang on it when this is not trustworthy anymore?
i will instead go back to Fiat/Banking and leave this currencies forever as it is not worth it.
October 12, 2021, 09:25:32 PM
So to the point: Would you quit if a centralized shitcoin managed to surpass Bitcoin in marketcap?
Is it worth to risk your hard-earned money to a centralized shitcoin? Regardless if it already surpassed bitcoin marketcap, I will not switch. BTW eth is not a shitcoin however tokens built under eth network can be labelled as shitcoins as most of them has no real use cases.Anyway even bitcoin is surpassed by other coins it doesnt mean btc will become obsolete especially at this point wherein some countries are already adopt btc and set is a legal tender.
October 12, 2021, 08:54:54 PM
What do you think... seriously Ethereum or any other coin will surpass Bitcoin? In the past, Eth had a race against Bitcoin on the market cap.. but still, Bitcoin couldn't be passed. I'm sure everyone will tend to think the same, Bitcoin will not be passed, all its advantages are not easily forgotten or be passed by any other coins that are only like a son.
October 12, 2021, 08:41:14 PM
I don't think many users here will care about marketcap particularly the new ones in crypto. But if the flippening will really happen because of the new developments on smart contract tokens, it will still not make people's interest in BTC lose because it's the technology of BTC and the price of it that they are after.
ETH is $3,300 and BTC is $57K, if ETH surpasses BTC's cap, its price will still not be more than $57K.
ETH is $3,300 and BTC is $57K, if ETH surpasses BTC's cap, its price will still not be more than $57K.
October 12, 2021, 08:22:13 PM
I wouldn't quit. Why would I? What then if Ethereum surpassed Bitcoin? Does that make Bitcoin inferior? Of course, not!
Anyway, do you think majority of the people care about putting their money on what you call shitcoins? You have to remember that of the $2.3 trillion cryptocurrency market cap, at least $1.2 trillion of it is in altcoins. So I don't think majority of the people are putting primary consideration to the fact that Bitcoin is the only cryptocurrency which has a truly decentralized blockchain. Many of them are looking at crypto as an investment market. There is no other reason why the likes of Dogecoin and Shiba Inu are occupying top spots and have billions in market cap.
Anyway, do you think majority of the people care about putting their money on what you call shitcoins? You have to remember that of the $2.3 trillion cryptocurrency market cap, at least $1.2 trillion of it is in altcoins. So I don't think majority of the people are putting primary consideration to the fact that Bitcoin is the only cryptocurrency which has a truly decentralized blockchain. Many of them are looking at crypto as an investment market. There is no other reason why the likes of Dogecoin and Shiba Inu are occupying top spots and have billions in market cap.
October 12, 2021, 07:50:35 PM
First of all, I don't think of Ethereum as shitcoin, because if we use that name for something like Ethereum, word looses it's real meaning. And no, I don't care if Ethereum ever surpasses Bitcoin in terms of market cap, as for me it will stay my main hold.
The author clearly doesn't know what he is talking about and he thinks every cryptocurrency except bitcoin is shitcoins. If we look at the price of the two cryptocurrencies that are being compared, they are not even close to each other is a big difference it's like a bar of gold and a bar of silver. Most of the time those altcoins who are below bitcoins only raise their price when the bitcoin price continues to rise but if it falls, you will also see them falling together.
October 12, 2021, 07:01:29 PM
I am sure that you mean the tokens that use the Ethereum platform or ERC20 tokens. For me, the Ethereum coin is not shitcoin. But some ERC20 tokens in the Ethereum platform are shitcoins (so do some of the BSC tokens).
We also notice how popular NFTs and new types of coins are right now. Many people are increasingly coming to the crypto world because of the hype tokens happening these days. And this will be never-ending because there will be always something hype and attracting many people.
But, popularity will not defeat the trust and value of Bitcoin. I personally don't believe Ethereum moreover the ERC tokens will even surpass Bitcoin
I think what OP wants to say here is the ecosystem, we all know Bitcoin and Ethereum ecosystems are purely different and created for different purposes. We also notice how popular NFTs and new types of coins are right now. Many people are increasingly coming to the crypto world because of the hype tokens happening these days. And this will be never-ending because there will be always something hype and attracting many people.
But, popularity will not defeat the trust and value of Bitcoin. I personally don't believe Ethereum moreover the ERC tokens will even surpass Bitcoin
This kind of comparison is useless for me, it just doesn't make sense, if you really know how Bitcoin and Ethereum works, you will know.
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